Magyar bancorp, inc. (MGYR)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Sep'10
Assets
Cash

1,469

1,096

825

1,183

1,106

1,040

674

937

1,002

1,054

871

1,312

1,094

1,393

1,000

1,227

1,500

1,282

1,081

1,481

1,183

1,416

1,205

1,128

1,107

1,356

1,129

1,220

979

1,211

930

962

897

1,128

1,066

1,201

1,126

Interest earning deposits with banks

27,672

18,133

20,644

6,756

47,064

32,253

14,694

12,557

16,349

13,760

21,463

11,433

9,358

13,202

20,806

14,685

19,428

36,133

17,027

7,995

20,845

6,448

9,053

7,161

12,362

7,348

16,663

12,546

11,294

10,616

9,114

25,854

10,745

8,755

13,968

6,505

19,960

Total cash and cash equivalents

29,141

19,229

21,469

7,939

48,170

33,293

15,368

13,494

17,351

14,814

22,334

12,745

10,452

14,595

21,806

15,912

20,928

37,415

18,108

9,476

22,028

7,864

10,258

8,289

13,469

8,704

17,792

13,766

12,273

11,827

10,044

26,816

11,642

9,883

15,034

7,706

21,086

Investment securities - available for sale, at fair value

9,573

17,494

16,703

20,941

24,347

22,355

22,469

23,111

23,708

23,071

11,815

10,243

10,462

10,631

5,234

5,565

8,106

10,105

6,064

6,104

6,310

9,003

12,070

12,600

11,122

15,215

15,774

16,307

18,525

14,739

16,786

17,503

26,963

27,189

25,312

28,130

14,187

Investment securities - held to maturity, at amortized cost (fair value of $30,139 and $29,344 at March 31, 2020 and September 30, 2019, respectively)

30,042

30,917

29,481

32,014

33,920

34,553

33,645

34,342

37,082

34,510

51,368

51,073

52,248

52,035

52,934

55,391

58,886

55,036

52,614

53,977

50,545

47,495

48,963

48,255

51,010

52,178

52,558

54,487

43,936

41,213

41,068

46,785

45,499

47,237

45,000

39,613

44,479

Federal Home Loan Bank of New York stock, at cost

1,992

1,965

2,222

2,861

2,031

2,127

2,164

2,760

2,092

2,002

2,002

2,116

2,149

2,149

2,239

2,464

1,923

2,025

2,025

2,543

1,793

1,863

1,761

2,688

2,067

2,594

1,982

2,217

2,468

2,322

2,385

2,348

2,199

2,299

2,299

2,689

2,775

Loans receivable, net of allowance for loan losses of $5,525 and $4,888 at March 31, 2020 and September 30, 2019, respectively

541,921

525,431

518,217

526,279

515,380

510,161

508,430

498,818

483,665

478,201

470,693

465,077

460,819

461,697

455,031

439,533

421,080

416,458

420,596

417,413

408,696

407,773

404,195

410,560

405,207

405,108

396,800

391,916

387,445

391,722

385,270

377,622

380,859

386,351

381,254

394,745

403,886

Bank owned life insurance

13,808

13,729

13,647

13,565

11,990

11,917

11,843

11,768

11,696

11,621

11,550

11,471

11,400

11,329

11,257

11,184

11,111

11,035

10,962

10,887

10,811

10,736

10,658

10,580

10,507

10,425

10,342

10,259

10,176

10,094

10,010

9,923

9,836

9,744

9,660

9,570

9,306

Accrued interest receivable

2,150

2,099

2,133

2,385

2,237

2,080

2,181

2,014

1,963

2,027

1,929

1,805

1,949

1,852

1,710

1,741

1,748

1,647

1,703

1,684

1,698

1,599

1,672

1,677

1,737

1,751

1,752

1,911

1,853

1,833

1,894

1,817

1,867

1,972

1,921

2,034

1,950

Premises and equipment, net

15,792

15,971

16,172

16,369

16,586

16,777

16,990

17,198

17,348

17,457

17,567

17,680

17,770

17,898

18,084

18,259

17,586

17,685

17,818

17,992

18,199

18,417

18,580

18,759

20,441

20,655

20,880

21,094

21,232

21,390

21,541

21,671

20,187

20,346

20,574

20,012

20,142

Other real estate owned ("OREO")

6,727

7,462

7,528

7,534

7,558

8,192

8,586

10,040

10,151

10,744

11,056

11,840

11,479

11,962

12,082

13,725

16,296

15,680

16,192

15,747

15,531

15,084

17,342

14,580

15,595

15,057

14,756

14,658

15,932

12,979

13,381

16,370

14,701

14,726

16,595

15,216

12,655

Other assets

7,014

6,638

2,756

2,687

2,743

2,130

2,292

2,599

2,831

2,313

2,730

3,517

3,951

3,545

4,000

4,395

4,654

4,427

4,483

4,933

4,767

4,711

4,931

5,053

5,451

4,888

5,092

5,846

6,479

6,485

6,467

6,965

6,552

6,584

6,388

6,765

7,483

Total assets

658,160

640,935

630,328

632,574

664,962

643,585

623,968

616,144

607,887

596,760

603,044

587,567

582,679

587,693

584,377

568,169

562,318

571,513

550,565

540,756

540,378

524,545

530,430

533,041

536,606

536,575

537,728

532,461

520,319

514,604

508,846

527,820

520,305

526,331

524,037

526,480

537,949

Liabilities and Stockholders' Equity
Liabilities
Deposits

560,938

543,654

530,075

520,039

571,794

549,786

530,137

507,984

516,754

507,454

515,201

499,772

493,821

499,824

492,650

472,146

479,491

487,164

466,269

445,108

462,908

445,842

448,451

435,745

452,147

440,664

453,328

444,026

426,722

424,377

416,518

426,681

422,523

426,977

424,943

418,363

427,932

Escrowed funds

2,565

2,473

2,399

2,657

2,714

2,582

2,285

2,478

2,164

2,075

1,937

2,128

1,929

1,782

1,668

1,706

1,489

1,367

1,301

1,362

1,263

1,161

1,157

1,231

1,132

971

1,018

1,105

525

863

769

917

1,063

909

1,043

1,249

1,555

Federal Home Loan Bank of New York advances

31,079

30,488

36,189

50,389

32,559

34,699

35,524

48,764

33,905

31,905

31,905

31,905

34,040

34,040

36,040

41,040

29,334

31,594

31,594

-

26,201

27,751

-

41,550

29,000

40,700

27,100

32,333

38,340

35,103

36,503

-

-

-

34,916

-

-

Federal Home Loan Bank of New York advances, short term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,850

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank of New York advances, long term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,263

-

-

25,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank of New York advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,688

32,688

34,916

-

43,591

45,769

Securities sold under agreements to repurchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

15,000

15,000

15,000

15,000

15,000

15,000

Accrued interest payable

190

160

191

162

222

191

193

160

117

135

105

132

111

144

115

142

91

139

102

107

83

116

119

156

132

140

141

197

189

216

196

306

280

325

300

374

418

Accounts payable and other liabilities

7,880

8,928

6,823

5,085

4,347

3,995

4,467

6,201

4,920

5,347

4,439

5,005

4,509

3,994

6,179

5,632

4,710

4,374

4,630

4,418

3,514

3,491

4,271

3,490

3,611

3,670

5,821

5,040

4,732

3,874

4,855

4,445

4,091

3,598

3,326

3,485

3,098

Total liabilities

602,652

585,703

575,677

578,332

611,636

591,253

572,606

565,587

557,860

546,916

553,587

538,942

534,410

539,784

536,652

520,666

515,115

524,638

503,896

494,108

493,969

478,361

484,498

487,172

491,022

491,145

492,408

487,701

475,508

469,433

463,841

483,037

475,645

481,725

479,528

482,062

493,772

Stockholders' equity
Preferred stock: $.01 Par Value, 1,000,000 shares authorized; none issued

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock: $.01 Par Value, 8,000,000 shares authorized; 5,923,742 issued; 5,810,746 and 5,820,746 shares outstanding at March 31, 2020 and September 30, 2019, respectively, at cost

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

59

Additional paid-in capital

26,316

26,319

26,317

26,316

26,314

26,314

26,310

26,305

26,300

26,295

26,289

26,284

26,277

26,270

26,270

26,271

26,276

26,275

26,275

26,274

26,295

26,296

26,295

26,296

26,316

26,317

26,322

26,324

26,348

26,357

26,367

26,376

26,406

26,579

26,496

26,412

26,396

Treasury stock: 112,996 and 102,996 shares at March 31, 2020 and September 30, 2019, respectively, at cost

1,242

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,152

1,166

1,166

1,166

1,166

1,211

1,211

1,211

1,211

1,256

1,256

1,256

1,256

1,301

1,301

1,301

1,298

1,333

1,501

1,480

1,480

1,704

Unearned Employee Stock Ownership Plan shares

141

178

214

250

285

321

-

390

424

459

-

525

559

592

-

658

689

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned Employee Stock Ownership Plan shares

-

-

-

-

-

-

356

-

-

-

492

-

-

-

627

-

-

-

752

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned Employee Stock Ownership Plan shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

721

-

784

815

847

877

908

939

969

1,002

1,030

1,058

1,087

1,116

1,143

1,172

1,201

1,228

1,257

1,342

Retained earnings

31,829

31,524

30,971

30,153

29,427

28,660

27,975

27,269

26,670

26,086

25,757

25,269

24,982

24,681

24,334

23,983

23,739

23,561

23,252

22,929

22,711

22,564

22,382

22,190

22,028

21,968

21,835

21,706

21,539

21,882

21,600

21,305

21,159

21,100

21,069

21,107

21,300

Accumulated other comprehensive loss

-1,313

-1,340

-1,330

-884

-1,037

-1,228

-1,474

-1,534

-1,426

-985

-1,004

-1,310

-1,338

-1,357

-1,159

-1,000

-1,016

-1,133

-999

-664

-630

-677

-716

-557

-624

-689

-638

-1,043

-776

-739

-604

-516

-459

-430

-407

-423

-532

Total stockholders' equity

55,508

55,232

54,651

54,242

53,326

52,332

51,362

50,557

50,027

49,844

49,457

48,625

48,269

47,909

47,725

47,503

47,203

46,875

46,669

46,648

46,409

46,184

45,932

45,869

45,584

45,430

45,320

44,760

44,811

45,171

45,005

44,783

44,660

44,606

44,509

44,418

44,177

Total liabilities and stockholders' equity

658,160

640,935

630,328

632,574

664,962

643,585

623,968

616,144

607,887

596,760

603,044

587,567

582,679

587,693

584,377

568,169

562,318

571,513

550,565

540,756

540,378

524,545

530,430

533,041

536,606

536,575

537,728

532,461

520,319

514,604

508,846

527,820

520,305

526,331

524,037

526,480

537,949